China will remain the major garment sourcing destination of the developed and developing countries
Harel Wiesel, Co-Founder and CEO of Fox Wizel Ltd, discusses about subtle and transformative changes in the clothing industry worldwide. Synopsis: Fox-Wizel Ltd, an Israeli fashion retailer, owns and operates fashion chain stores of its own brand "Fox". In addition, Fox has sole distribution rights to the American Eagle and Aerie fashion brands in Israel, successfully opening and operating 29 stores in 2 years. FOX also received exclusive franchisee status for The Children's Place in Israel. Moreover, FOX has successfully expanded into the home goods and home fashion market via its brand: "Fox Home". Wiesel, 48, is also the controlling shareholder of Fox Wizel. He was born in Israel and is married with 3 children. Excerpts:
As a global retailer and distributor of private label apparel products for men, women and children, what do you think are the major factors that may drive changes in the clothing sector worldwide?
Fox Group became exclusive franchise for leading brands in the US, UK and continental Europe. How do you look at the prospects of expanding your business to Asia and Middle-Eastern countries? What are the reasons?
Emerging technologies are changing the entire supply chain in both subtle and transformative ways. What further developments do you foresee in the apparel supply chain in the next few years?
With continuing potential for labor disruptions at the ports, disruptions from natural calamities and other factors, how important is contingency planning within the supply chain operation? What are the keys to an effective contingency plan?
While consumers have come to expect a seamless experience across all channels, delivering on that promise can be very complex. What are the keys to overcome such challenges and be successful?
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.